The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative... Read more »
PayPal’s stablecoin PYUSD lost nearly 30% of its market cap over the last 30 days, sliding from over $1 billion to $712 million as of Sept. 25, according to on-chain data. The... Read more »
Key Takeaways Solana’s transaction efficiency far surpasses Ethereum, offering a 3000% increase in processing speed and drastically lower fees. VanEck’s analysis suggests a significant market cap rise for Solana, potentially reaching 50%... Read more »
Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your... Read more »
Economists and philosophers have discussed the role of money in society and its impact on human relationships for centuries. Karl Marx, for example, was wrong about many things, but his ideas on... Read more »
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the... Read more »
Key Takeaways Central banks and institutions are significantly increasing gold buying as the economic outlook worsens. The declining US Dollar Index has made gold more attractive to foreign investors, boosting demand. Share... Read more »
Polygon-based prediction market Polymarket’s daily trading volume surged 57.5% on Sept. 23, according to data from Dune Analytics’ dashboard created by user rchen8. The spike in volume comes amid rumors that Polymarket... Read more »
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%.... Read more »
Key Takeaways DYdX is introducing perpetual futures in prediction markets as part of its dYdX Unlimited upgrade. The initiative includes a master liquidity pool, MegaVault, to enhance market liquidity. Share this article... Read more »
